Nippon Steel Corporation announced on March 4, 2026 that it conducted a tender offer for 14,932,986 shares of Kurosaki Harima Corporation at 4,200 yen per share, resulting in a post-offer voting rights ownership ratio of 90.76%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-04","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5401-20260304-01.pdf","jir_short_summary":"Nippon Steel Corporation announced on March 4, 2026 that it conducted a tender offer for 14,932,986 shares of Kurosaki Harima Corporation at 4,200 yen per share, resulting in a post-offer voting rights ownership ratio of 90.76%.","jir_summary":"### Overview and Results of the Tender Offer\nNippon Steel Corporation conducted a tender offer for ordinary shares of Kurosaki Harima Corporation from February 2 to March 3, 2026, acquiring all 14,932,986 tendered shares. The purchase price was 4,200 yen per share, and the post-offer voting rights ownership ratio reached 90.76%. The tender offer was successful as the number of shares tendered exceeded the lower threshold of 6,818,596 shares and included odd-lot shares. Settlement will commence on March 10, 2026.\n\n### Future Policy and Expected Delisting\nFollowing the tender offer results, Nippon Steel plans to proceed with a procedure to make all shareholders of Kurosaki Harima the tender offeror only, which is expected to lead to delisting from the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange Main Market. After delisting, trading of the relevant shares will no longer be possible, and further procedures will be promptly disclosed after consultation with the relevant parties.","jir_financial_highlights":"Number of Shares Tendered: 14,932,986 shares (Exceeds the lower limit of planned purchase 6,818,596 shares)\nPurchase Price: 4,200 yen\/share (Unknown)\nVoting Rights Ownership Ratio After Purchase: 90.76% (Increased from 46.42% before purchase)","jir_category":"","jir_hashtags":"#NipponSteelCorporation, #TenderOffer, #TOB, #KurosakiHarima, #JapaneseStocks","jir_key_figures":"Total Number of Tendered Shares: 14,932,986 shares\nPurchase Price: 4,200 yen\/share\nPost-Tender Voting Rights Ownership Ratio: 90.76%","jir_meta_title":"Nippon Steel Completes Tender Offer for 14,932,986 Kurosaki Harima Shares at 4,200 yen per Share, Voting Rights Reach 90.76%","jir_meta_description":"Nippon Steel Corporation has completed a tender offer for 14,932,986 shares of Kurosaki Harima Corporation at 4,200 yen per share, raising its voting rights ownership ratio to 90.76%. Delisting procedures are planned thereafter.","jir_og_title":"Nippon Steel Announces Tender Offer Result for Kurosaki Harima Shares","jir_og_description":"Nippon Steel has tendered 14,932,986 shares of Kurosaki Harima, bringing its voting rights ownership ratio to 90.76%. Delisting is also anticipated.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6897,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-33159","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n